Litigation Capital Management (LON:LIT) Trading Down 7.5% – Here’s Why

Shares of Litigation Capital Management Limited (LON:LIT) were down 7.5% during trading on Tuesday . The stock traded as low as GBX 4.06 and last traded at GBX 4.12. Approximately 274,373 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 611,423 shares. The stock had previously closed at GBX 4.45.

Litigation Capital Management Stock Performance

The company’s fifty day moving average price is GBX 7.49 and its 200 day moving average price is GBX 9.26. The company has a market cap of £4.16 million, a PE ratio of -0.06 and a beta of 0.31. The company has a debt-to-equity ratio of 1,671.84, a current ratio of 1.88 and a quick ratio of 3.01.

About Litigation Capital Management

Litigation Capital Management (“LCM”) is an alternative asset manager specialising in litigation financing solutions internationally. Through our two business models, direct balance sheet and third party fund management, we create value through our three primary investment strategies – single-cases; case portfolios; and acquisition of insolvency claims.